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Mixed-UseFrisco

Firefly Park

217-acre urban village: Dream Hotel, 45-acre park, 18-story residential, Class A office, designed by UNStudio

Investment

$2.5B

Timeline

2024-2035

Status

Vertical construction, retail phase started Dec 2025

Developer

Wilks Development

Project Timeline

Progress10%
Announced
2015

Originally as Frisco North/Oxbow

Zoning & Permits
2024
Groundbreaking
2024-spring
ConstructionCurrent
2025-present

The Noc 187-unit building underway

Phase 1 Open
2027-fall
Complete
2035

Analyst Commentary

Design-Forward: UNStudio (Dutch architecture firm) designed this. The 18-story residential tower and Dream Hotel bring genuine urban density to Frisco—a first. This isn't suburban sprawl; it's intentional urbanism.

45-Acre Park: The centerpiece park is massive by Frisco standards. Think Klyde Warren vibes but suburban. If executed well, this becomes the gathering space for north Frisco.

Long Timeline: 2035 completion means a decade of construction. Nearby homeowners will live through dust, traffic, and noise. The payoff is distant.

This is a 2030+ play. Don't buy expecting immediate returns. The vision is compelling, but execution risk is real. If you're buying in north Frisco now, choose established neighborhoods (Richwoods, Phillips Creek) over new construction near Firefly Park. Let Wilks Development prove they can deliver before betting your equity on their timeline.

Analysis generated December 25, 2025

Sources

Affected Areas

7503475035

Frisco Context

City Total Investment$20.9B
This Project12.0%
View Frisco Trajectory